| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,507,848,499 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Convertible |
Also found in: Encyclopedia, Wikipedia | 0.02 sec. |
|
Convertible A financial instrument that can be exchanged for another security or equity interest at a pre-agreed time and exchange ratio.
Convertible A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Essentially, convertibles are fixed-income investments that companies issue, which offer the comforting income of a bond, but can also be exchanged for shares of company stock should an investor wish to capitalize on a strong stock market. But in a choppy market like today's, "we should continue to see a good amount of investor interest in convertibles," predicted Johnson. The general market for convertibles, which very simply is a bond that converts into a fixed number of equity shares, had mirrored the ascent of the stock market. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|